Posted In: Benchmarking Research, Compensation & Performance, Profitability
By Mark Medice on February 25, 2022
Great attention is paid to rate and pricing strategy for many law firms but, paradoxically, managing cash flow well is frequently overlooked. Imagine
Posted In: Compensation & Performance, Legal Process Improvement, Pricing Strategy, Profitability, Talent Strategy, Team Performance
By Mark Medice on February 16, 2022
While we are in the early days, 2022 has already delivered many gifts to us, including stock market volatility, high inflation, the advent
Posted In: Pricing Strategy
By Mark Medice on October 31, 2021
Economic Backdrop A recent AP news headline indicated that the price of cars, gasoline, restaurants, food, and other goods matched a 13-year high,[1]
Posted In: Profitability
By Mark Medice on July 19, 2021
Iridium Technology and LawVision recently released the results of our 3rd annual law firm profitability survey that assessed the sentiment and performance of
Posted In: Profitability
By Mark Medice on July 6, 2021
Realization, the long-standing hallmark of law firm performance, is ready for a makeover. While the metric is not inherently flawed, its calculation and
Posted In: Profitability
By Mark Medice on May 17, 2021
As happens in personal life (and certainly with recent headlines), law firm leaders frequently get side-tracked firefighting, acting on urgent tasks that distract
Posted In: Profitability, Uncategorized
By Mark Medice on March 22, 2021
Changing Legal Last week I announced my role as a co-founding member in the Changing Legal (CL) think tank (link). CL
Posted In: Pricing Strategy, Profitability
By Mark Medice on February 22, 2021
This article was first published February 16, 2021 in PinHawk’s Legal Administrator Daily. I am enjoying the discussion going on these days about
Posted In: Profitability
By Mark Medice on February 3, 2021
The Peer Monitor Index (PMI) just reported Q4 results from 2020, observing that the index hit its highest quarterly score in its history
Posted In: Profitability
By Mark Medice on November 25, 2020
As we enter December looking to conclude what surely is going down as the most bizarre year in our lives, we look to